Giving property investors a an average capital gain of 5.38% for the last year, Calamvale, 4116 is the 2116th highest performer in Australia in this respect.
Over the longer term, Calamvale has seen property prices show investors a 23.43% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Calamvale is $666500, with sellers offering an average of -3.90% off the asking price.
Often selling an investment property can take time, and in Calamvale the average time real estate has been on the market is 55.59 days.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.51%, without taking into account capital value appreciation, which has been averaging out at 5.39%.
Giving property investors a a poor capital gain of -5.51% for the last year, Calamvale, 4116 is the 1415th highest performer in Australia in this respect.
A -0.38% growth in median value for property investors in Calamvale,4116 puts this suburb at number 300th in terms of best performing suburbs in QLD
At number 214th of QLD’s most discounted properties, Calamvale is in the TOP 40% of the state/territory when listing in order of most discounted to least.
A $385 per week rent on the median house gives suburb investors a gross yield of circa 5.31%, without taking into account capital value appreciation, which has been averaging out at 2.25%.
Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.Full summary
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Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.
Transport options to the city (18km away) are convenient thanks to the Logan Motorway, regular buses and the nearby train stations.
Current demand for the area is indicated by the fact that houses typically spend just 44 days on the market, which is a much quicker turnover than many suburbs nearby.
The vacancy rate is also a tight 1.51%, according to Real Estate Investar.
This demand is already translating into capital growth, as the median price of houses has grown by 6% in the past 12 months.
Three- or four-bedroom houses on Bowerbird Pl and Fig Tree St are located on cul-de-sacs which are a sought-after part of Calamvale.
They are very close to shops, schools and public transport to the city.
They can be bought there for less than $520,000.
Top amenities: Calamvale Marketplace, Stretton College, Sunnybank Hills Shopping Centre, Sunnybank Primary, Calamvale Community College, easy access to Gateway and Logan motorways, Grand Plaza Cinemas and shopping centre, Runcorn Heights Primary
Public transport: Multiple bus routes, Altandi, & Runcorn train stations.
Main arteries: Very well established car, bus and rail transport infrastructure including the existing Logan motorway, offering ready access to both the Gateway motorway and Centenary highway. Close proximity to existing rail stations at Runcorn and Altandi.Close